InstaForex vs Saxo
By Akash · Facts re-checked (UTC)
Here is how InstaForex and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| InstaForex | Saxo | |
|---|---|---|
| Regulators | CySEC, BVI FSC | Danish FSA, FCA |
| Minimum deposit | $1 (Insta.Standard, global entity); 1 EUR/USD/GBP (EU entity) | No minimum deposit (individual account) |
| Spreads from | – | 1 pip EUR/USD minimum (global page; varies by country) |
| Commission | None on Standard; Zero and Raw accounts from $0.5 per trade (global entity) | USD 3 fixed commission on FX trades under 50,000 units |
| Max leverage | 1:30 for EU retail clients (Instant Trading EU Ltd); up to 1:1000 on the global site | – |
| Platforms | MetaTrader 4, MetaTrader 5, WebTrader, Mobile | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView |
| Retail accounts losing money | 81.92% | 66% |
Full reviews: InstaForex review · Saxo review
Frequently asked questions
What is the minimum deposit at InstaForex and Saxo?
InstaForex: $1 (Insta.Standard, global entity); 1 EUR/USD/GBP (EU entity). Saxo: No minimum deposit (individual account).
Are InstaForex and Saxo regulated?
InstaForex: CySEC, BVI FSC. Saxo: Danish FSA, FCA.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more